Math Dictionary / Percent Change
Percent Change
Percent change describes how much a value increases or decreases compared with the original value.
What it means
It is found by comparing the amount of change to the original value.
Also called: percent increase, percent decrease
Examples
| From 50 to 60 is a 20% increase |
| From 80 to 60 is a 25% decrease |
| Discounts and markups are percent changes |
Common mistake
Try one
Question: A price rises from $40 to $50. What is the percent increase?
Show answer
The increase is $10, and 10/40 = 25%.